I bet there are some ways you could proactively plan so the problem almost resolves itself. 

Bank will want that loan in your name.

I think your thesis is sound in general, but I would want a hedge on my bet.

Most hard money lenders are going to require 10 -20% down payment and then require you fund bring 10 - 20% of the rehab budget depending on your experience flipping (in your name/LLC you own), property ARV, etc.

Your best bet would be to hire a good property manager who screens well and knows what they're doing and you should be able to get good income over a few years. 

I imagine you'll have the same issue with the unpermitted kitchenetteIf you can rent the property as a MTR then listing on Furnished Finder will probably be your best bet.

@Michael Dallas this sounds like it could either be a great deal or a suckers bet, and unfortunately, it's impossible for any of us to tell.

The way I see it, it would make more sense to do it in house once I've got a little more money to spend on equipment and the ability to mail to a lot more addresses without missing a ton of calls from motivated sellers.Account Closed Thats low compared to some of the big name services!

Hi everyone,My name is Luc, and I’m excited to join the BiggerPockets community to learn, network, and grow in the real estate space.

I can't discern the names of the these two tools.